: Expect APRs on the higher end of a lender’s range, sometimes reaching up to 35.99% for personal loans.

Car lenders often have specific thresholds for bad credit, typically scores below . Best Mortgage Lenders For Bad Credit in April 2026 - CNBC

When a borrower has a low score, lenders typically implement safeguards to mitigate their risk:

Buying a home with bad credit often requires looking beyond conventional loans.

: Some lenders like US Mortgage Lenders offer "No-Doc" or interest-only loans, though these often carry higher risk. 2. Auto Loans

: You may be approved for significantly less than a borrower with good credit; for example, $25,000 instead of $50,000.

: These government-backed loans generally require a minimum score of 580 for a 3.5% down payment .